March 05, 2015 2:36 AM ET

Machinery

Company Overview of Dynacast International Inc.

Company Overview

Dynacast International Inc. designs, manufactures, and sells engineered precision die cast components in the United States and internationally. The company operates in three segments: Asia Pacific, Europe, and North America. It offers small-sized precision die-cast parts in zinc, aluminum, and magnesium alloys, as well as metal injection molding products. The company serves automotive safety and electronics, consumer electronics, telecommunications, healthcare, hardware, computer and peripherals, and various other industries. Dynacast International Inc. is headquartered in Charlotte, North Carolina.

14045 Ballantyne Corporate Place

Suite 300

Charlotte, NC 28277

United States

5,510 Employees

Phone:

704-927-2790

Key Executives for Dynacast International Inc.

Chief Executive Officer, President and Director
Age: 52
Chief Financial Officer, Principal Accounting Officer, Treasurer and Secretary
Age: 53
Executive Vice President of Asia
Age: 42
Executive Vice President of Europe
Age: 50
Executive Vice President of International Business Development
Compensation as of Fiscal Year 2014.

Dynacast International Inc. Key Developments

Dynacast International Inc. Provides Consolidated and Non Consolidated Earnings Guidance for the Year Ended December 31, 2014

Dynacast International Inc. provided consolidated and non consolidated earnings guidance for the year ended December 31, 2014. Based upon currently available unaudited preliminary information, the company estimates its adjusted EBITDA for the year ended December 31, 2014 to be between $119.0 million and $121.0 million, compared to $104.6 million for the year ended December 31, 2013. The company previously announced that it acquired all of the outstanding shares of capital stock of Kinetics Climax Inc. on September 30, 2014. Based upon currently available information, the company expects Kinetics to generate approximately $5.0 million in adjusted EBITDA in 2015. Assuming the Kinetics' acquisition closed on January 1, 2014 and the Kinetics adjusted EBITDA for 2014 was the same as the estimated Kinetics' adjusted EBITDA for 2015, the company's estimated consolidated adjusted EBITDA for 2014 would be between $123.0 million and $125.0 million.

Dynacast International Inc. Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended September 30, 2014; Provides Financial Guidance for Fiscal 2014

Dynacast International Inc. reported unaudited consolidated earnings results for the third quarter and nine months ended September 30, 2014. For the quarter, the company’s net sales were $157.0 million compared with $146.0 million a year ago. Income before income taxes was $9.6 million compared with $6.5 million a year ago. Net income was $8.5 million compared with $3.1 million a year ago. Net income attributable to controlling stockholders was $8.4 million compared with $3.0 million a year ago. Adjusted EBITDA increased by $5.2 million, or 18.8%, to $32.9 million compared to the corresponding period in the prior year adjusted EBITDA of $27.7 million. Operating income was $21.4 million against $18.7 million a year ago. EBITDA was $31.2 million against $27.3 million a year ago. The increase in adjusted EBITDA is primarily attributable to increased sales volumes and margins at Elgin, Dongguan and Austria facilities. For the nine months, the company’s net sales were $465.5 million compared with $428.8 million a year ago. Income before income taxes was $21.2 million compared with $13.6 million a year ago. Net income was $12.8 million compared with $3.0 million a year ago. Net income attributable to controlling stockholders was $12.5 million compared with $2.8 million a year ago. Net cash flows provided by operating activities was $36.4 million compared with $31.6 million a year ago. Capital expenditure was $22.9 million compared with $26.8 million a year ago. Adjusted EBITDA increased by $10.0 million, or 12.5%, to $90.3 million compared to the corresponding period in the prior year adjusted EBITDA of $80.0 million. Operating income was $58.5 million against $54.5 million a year ago. EBITDA was $87.9 million against $80.0 million a year ago. The increase in adjusted EBITDA for the 9 months ended September 30, 2014, was again driven by increased sales volumes and strong margin performance at Elgin and Dongguan facilities. For fiscal 2014, the company expects capital expenditures of approximately $34 million. The company expects cash flows from operations and borrowings under senior secured credit facility to be fully sufficient to meet capital expenditure requirements.

Dynacast International Inc., Q3 2014 Earnings Call, Nov 21, 2014

Dynacast International Inc., Q3 2014 Earnings Call, Nov 21, 2014

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
December 16, 2014
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